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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Life science properties
490 California Ave Sunnyvale, CA 94086-5165
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1523723
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1985
Construction
TILT-UP CONCRETE
Total area
52,364 SF
Lot
0.63 ac (27,442 SF)
Zoning code
PPSPI
APN
165-26-014
UPID
US09-1523723
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Fruit Cocktail Water Tower Resort
-
Libby's Water Tower Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$597k
Blend (final)
Blend
$815k
Owner & transaction history
Sunnyvale Busn Park Sub LLC · 8 yrs held
Sunnyvale Busn Park Sub LLC
since 2017
7 recorded transactions
Zoning & alternative use
PPSPI · Sunnyvale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sunnyvale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunnyvale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$1,035,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$815k
Range $734k – $897k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$16 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$101,800
Tax year 2024
Assessed value
$8,776,756
Assessed 2024
Previous assessed
$8,776,756
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$3,857,050
Assessed improvement
$4,919,706
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Units
1
Total area
52,364 SF
Lot
0.63 ac (27,442 SF)
Zoning code
PPSPI
APN
165-26-014
UPID
US09-1523723
Jurisdiction
SANTA CLARA
Zoning & alternative use
PPSPI · Sunnyvale, CA
Zoning PPSPI · permitted uses
PPSPI · Sunnyvale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sunnyvale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Sunnyvale Busn Park Sub LLC
Entity
Mailing address
4000 E 3RD AVE STE #500, FOSTER CITY, CA 94404-4832
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2017
—
Sunnyvale Busn Park Sub LLC
Sunnyvale Business Park I LLC
Quit Claim Deed
$197,000,000 · Miscellaneous Ins Co
Nov 7, 2008
—
Sunnyvale Business Park I LLC
—
Deed Of Trust
related
$62,500,000 · Principal Life Insurance Co
Dec 7, 2005
—
Sunnyvale Busn Park Sub LLC
Principal R/e Portfolio INC
Grant Deed
—
Dec 2, 2005
—
Principal R/e Holding Co LLC
Principal Life Insurance
Quit Claim Deed
—
Dec 1, 2005
—
Sunnyvale Park IV LLC
Sunnyvale Park II LLC
Quit Claim Deed
—
Jul 14, 2005
—
Sunnyvale Park IV LLC
Sunnyvale Business Pk
Quit Claim Deed
related
—
Jun 30, 2005
—
Sunnyvale Park II LLC
Sunnyvale Business Park
Quit Claim Deed
—
Jun 29, 2005
—
Sunnyvale Park I LLC
Sunnyvale Business Park
Quit Claim Deed
—
—
—
Sunnyvale Business Park I LLC
—
Deed Of Trust
related
$53,805,000 · Principal Life Insurance Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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